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Retail News

Clothing retailing and manufacturing group Rex Trueform on Thursday, 3 September 2009, reported that its diluted headline earnings per share for the year ended June 2009 were at 123.2 cents compared with the 185.7 cents reported last year. 4 Sep 2009
The deficit of the country's current account of the balance of payments has narrowed, the South African Reserve Bank (SARB) said on Thursday, 3 September 2009. 4 Sep 2009
Spending by households fell by 5.8% in the second quarter of 2009, the South African Reserve Bank (SARB) said on Thursday, 3 September 2009. 4 Sep 2009
Siyakhana food garden serves as model to other poor areas
Professor Michael Rudolph, head of Community Dentistry and Health Promotion Unit at Wits University, started the Siyakhana food garden project in 2005 in collaboration with several non-governmental organisations such as BHP Billiton Development Trust, Cape Gate, Food and Trees for Africa, and Party Design, which cares for people living with AIDS. 4 Sep 2009
Time to getaway
The DStv Getaway Show, run in association with Jacaranda 94.2, at the Coca-Cola Dome Northgate opens at 11am on Friday, 11 September 2009, and runs until Sunday, 13 September. Over 300 exhibitors will showcase everything for travel and outdoor related fun under the sun for young and old alike. 4 Sep 2009
Grand old lady gets a facelift
Liberty Property Developments is expanding and improving Sandton City Shopping Centre to enhance its position as an excellent shopping and rendezvous destination for millions of local and international visitors, as well as leading global and South African retail brands. This is the first phase of a broader vision for the repositioning of the centre and is scheduled for completion in late 2011 at a cost of R1.77 billion. 4 Sep 2009
Penny Black has a hint of white
The Penny Black, the flagship in the Post House wine range, is a bold red blend that has contained the same cultivar components for its first four vintages, a merlot- and shiraz-led blend with cabernet sauvignon, petit verdot and a little Chenin Blanc (never more than 5-6%). 4 Sep 2009
In line with its current strategy in Europe, Microsoft is dropping the price of the Xbox 360 Elite console with 120GB hard drive by R1500 to R3399 (ERP*). 4 Sep 2009
Two new flavours for Steri Stumpie
Steri Stumpie, South Africa's iconic flavoured milk brand, has launched two new flavours with the help of an interactive social media campaign to reveal its latest taste - Marshmallow and Raspberry. 3 Sep 2009
eBucks, FNB's rewards programme, on Tuesday, 1 September 2009, announced its expansion into the growing technology sector with the addition of Incredible Connection as a retail partner. 3 Sep 2009
New vehicle sales for the month of August continued on a downward trend, according to the National Association of Automobile Manufacturers of South Africa (NAAMSA). 3 Sep 2009
Tlale gets bite of Big Apple
South African designer David Tlale will showcase all that is African in his debut at the New York fashion week. 3 Sep 2009
Tuffy manufactures all its black refuse bags from recycled material and even the master batch is recycled, says marketing manager Rory Murray. 3 Sep 2009
Introductory supply chain and operations training starts 2010
SAPICS (The Association for Operations Management of Southern Africa) announced on Monday 31 August 2009 that it will offer “Introduction to Supply Chain and Operations” programmes from early 2010. The course is aimed at individuals wishing to enter the field of supply chain operations who have limited work experience in the sector or for learners at NQF Level 2. 3 Sep 2009
The Green Supply Chain Awards were launched earlier this year by the Chartered Institute of Logistics and Transport: South Africa (CILTSA), the Consumer Goods Council of South Africa (CGCSA) and Supply Chain Today magazine in an effort to acknowledge and applaud companies that show excellence in ‘going green'. The first awards were handed out on Thursday 27 August 2009 in Randburg. 3 Sep 2009
Come party with Bamboo in Melville
Bamboo, a designer lifestyle centre in Melville turns 10 on Saturday 19 September 2009. Birthday celebrations will take place from 11am to 4pm with the eight shops participating in the festivities. 3 Sep 2009
On Saturday, 17 October 2009, 15 adventurous breast cancer survivors will clad up in their leathers, kick off their high heels and rev up the motors of their Harley's supplied by Harley-Davidson Motor Company and commence the second Journey of Hope Ride from Cape Town to Johannesburg. This eight-day journey ends in Johannesburg on 24 October. 3 Sep 2009
Equal treatment of customers pays off
There's a story about the owner of a fancy private art gallery in London, who was once asked why he went to the trouble of treating even the scruffiest student who walked through his doors with the same courtesy as a rich and well-known buyer. "You never know who they're going to marry," he replied, "or who they're going to be." 3 Sep 2009
The National Credit Regulator (NCR) has warned that at least 150,000 South Africans could be under debt review by Christmas as the effects of the economic crisis take hold. 2 Sep 2009
South African consumer goods group Tiger Brands yesterday, 1 September 2009, announced its intention to sell a further 10% of its shares, valued at R2,8bn, through its broad-based black economic empowerment transaction aimed at enhancing black ownership within the group. 2 Sep 2009
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